Producer prices in Norway climbed 24.0% year-on-year in May 2026, accelerating from 22.7% in the previous month. It marked the third consecutive month of increases and the highest reading since September 2022, driven by stronger price growth in manufacturing (9.4% vs 7.4% in April), particularly for refined petroleum products (64.7% vs 42.3%) and basic metals (14.1% vs 10.4%). Producer inflation was also supported by faster growth in prices for electricity, gas and steam (58.5% vs 46.4%) and energy goods (41.2% vs 39.0%). Meanwhile, costs for the extraction of oil and natural gas eased slightly (35.1% vs 35.5%). Excluding energy goods, producer prices increased 5.7%, from 4.5% in April. On a monthly basis, producer prices fell 1.8% in May, following a 0.5% fall in the previous month. source: Statistics Norway

Producer Prices in Norway increased 24 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Norway averaged 6.68 percent from 2000 until 2026, reaching an all time high of 79.30 percent in March of 2022 and a record low of -37.40 percent in August of 2023. This page provides - Norway Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Producer Prices in Norway increased 24 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Norway is expected to be 24.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Producer Prices Change is projected to trend around 4.00 percent in 2027 and 2.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-11 06:00 AM
PPI YoY
Apr 22.7% 16.9% 17.5%
2026-06-09 06:00 AM
PPI YoY
May 24% 22.7% 26.0%
2026-07-09 06:00 AM
PPI YoY
Jun 24% 24.5%


Related Last Previous Unit Reference
CPI 103.00 102.80 points May 2026
CPI-ATE 103.10 102.70 points May 2026
CPI-ATE YoY 3.40 3.20 percent May 2026
CPI Housing Utilities 102.90 102.90 points May 2026
CPI Transportation 102.10 103.10 points May 2026
Export Prices 304.90 264.20 points Mar 2026
Food Inflation 3.40 6.60 percent May 2026
GDP Deflator 104.80 98.60 points Mar 2026
Harmonised Consumer Prices 102.98 102.79 points May 2026
Import Prices 210.50 213.90 points Mar 2026
Inflation Rate YoY 3.10 3.40 percent May 2026
Inflation Rate MoM 0.20 0.40 percent May 2026
Producer Prices 140.10 142.70 points May 2026
PPI YoY 24.00 22.70 percent May 2026


Norway Producer Prices Change
In Norway, the Producer Price Index measures the price development of first hand sales of products to the Norwegian market, from Norwegian production and export. Manufacturing prices account for 54 percent of the total index. The biggest segments within Manufacturing prices are: Food, beverages and tobacco (12 percent), refined petroleum products (8 percent) machinery and equipment (6 percent) and basic metals (5 percent). Extraction and related services account for 41 percent, Electricity, gas and steam account for 4 percent and Mining and quarrying account for 1 percent.
Actual Previous Highest Lowest Dates Unit Frequency
24.00 22.70 79.30 -37.40 2000 - 2026 percent Monthly
2021=100

News Stream
Norway Producer Inflation Nears 4-Year High
Producer prices in Norway climbed 24.0% year-on-year in May 2026, accelerating from 22.7% in the previous month. It marked the third consecutive month of increases and the highest reading since September 2022, driven by stronger price growth in manufacturing (9.4% vs 7.4% in April), particularly for refined petroleum products (64.7% vs 42.3%) and basic metals (14.1% vs 10.4%). Producer inflation was also supported by faster growth in prices for electricity, gas and steam (58.5% vs 46.4%) and energy goods (41.2% vs 39.0%). Meanwhile, costs for the extraction of oil and natural gas eased slightly (35.1% vs 35.5%). Excluding energy goods, producer prices increased 5.7%, from 4.5% in April. On a monthly basis, producer prices fell 1.8% in May, following a 0.5% fall in the previous month.
2026-06-09
Norway Producer Inflation Highest Since 2022
Producer prices in Norway climbed by 22.7% year-on-year in April 2026, accelerating from a 16.9% surge in the previous month. This marked the second consecutive month of increase and the sharpest since September 2022, driven largely by significantly higher prices for electricity, gas and steam (46.5% vs 46% in March), energy goods (39% vs 26.6%), and extraction of oil and natural gas (35.5% vs 25.3%). Producer inflation also went up for manufacturing, rising 7.4% from 1.5% in March, particularly for refined petroleum products (42.3% and basic metals (10.4%). Excluding energy goods, producer prices rose by 4.5%, following a 3.7% gain in March. On a monthly basis, producer prices fell by 0.5% in April, reversing sharply from an 18.4% increase in the preceding period.
2026-05-11
Norway Producer Inflation Hits 13-Month High
Producer prices in Norway jumped by 16.9% year-on-year in March 2026, rebounding sharply from a 9.4% drop in the previous month. This marked the first month of increase in eleven months and the fastest since February last year, driven largely by significantly higher prices for electricity, gas and steam, which climbed by 46% from 30.7% in February. Producer inflation also increased sharply for energy goods (26.6% vs -20.9%) and extraction of oil and natural gas (25.3% vs -27.4%), while costs in manufacturing showed a modest rise (1.5% vs 0.9%). Within manufacturing, the decline in refined petroleum products (-11.6%) was offset by increases in food products (5.5%), basic metals (1.1%), and machinery and equipment (4.2%). Excluding energy goods, producer prices went up by 3.7%, easing from a 4.2% gain in February. On a monthly basis, producer prices surged by 18.4% in March, the sharpest rise on record and recovering from a 0.7% fall in the preceding period.
2026-04-09